Tucson Property Market and Real Estate Guide

(Tucson, Arizona - AZ, USA)

Downtown district photo of TucsonThe boiling hot town of Tucson, southern Arizona, is flanked by mountains and desert, and is a compact collection of historical districts that are mostly populated by low-lying buildings. The city is one of Arizona's main centers, yet has some of its cheaper real estate.

For those who enjoy near permanent sun and don't mind the relative remoteness, Tucson is a good investment. It tends to be a buyers' market, with a steady increase in prices and less demand than other places in Arizona, such as Phoenix.

The city is built around a typical grid system and stretches up into the beautiful Foothills district, the most affluent neighborhood of Tucson. Other popular areas in which to buy property include the historic Armory Park, the Barrio Historico district and the El Presidio Historic district. Prices for homes are, on average, under the national average, but can double in the upmarket Sam Hughes neighborhood.

Renting Serviced Apartments

Downtown Tucson is your best bet for renting serviced apartments, specifically on Fourth Avenue and along East River and West Ina roads. Leases are usually six months or 12 months, although you may be able to negotiate a shorter lease with an estate agent for one of the more out of the way apartments.

Prices for serviced apartments in Tucson are among the cheapest for a major Arizona city and better priced than hotels, where facilities for a typical one-bedroom place would likely include air conditioning, fitted kitchen and maid service.

Buying Apartments and Houses

Foreigners can buy apartments and houses in Tucson without any major hassles, although it is always best to go through an estate agent, since they know the drill when it comes to transfers and taxes. You will also save lots of time, plus it means the seller pays their own fees. Property taxes and fees add up to somewhere around six or seven percent.

Prices on a whole are under the national average in Tucson and the most popular neighborhoods to buy in are Sam Hughes, Rita Ranch, Civano, Midvale, and South Harrison.

Real Estate Agents

It is not worth attempting to go it alone when buying property in the USA as a foreigner, or as a local for that matter, unless you are particularly adept. For one, real estate agents are deemed to look after both buyers and sellers, plus they have the contacts and the experience.

See these Tucson realtors and real estate agents:

Tierra Antigua Realty
Address: 1650 East River Road, Suite 202, Tucson, Arizona AZ, 85718, USA
Tel: +1 520 403 5931
Email: beverlyvanhorn@tierraantigua.com
Website: www.bevsellstucson.com
Tierra Antigua Realty offers a personalized service and has an easy to navigate website on property in the Tucson area.

Long Realty Company
Address: 900 East River Road, Tucson, Arizona AZ, 85718, USA
Tel: +1 520 918 1616
Email: www.longrealty.com/content/forms/contactme.aspx
Website: www.longrealty.com
As one of the top real estate agents in the state, Long Realty has the know-how and reputation to offer a seamless service for buyers, renters and sellers.

Go Tucson Homes
Address: 7090 North Oracle Road, Tucson, Arizona AZ, 85704, USA
Tel: +1 520 906 7594
Email: lana.yoo@gotucsonhomes.com
Website: www.gotucsonhomes.com
Go Tucson Homes specialize in the city and the surrounding areas, and their website has a natty SmartMap to help get your bearings.